Effective July 1st, 2015 the Ohio Department of Taxation will implement changes to the method of calculating the rate of the PAT (Petroleum Activity Tax). The official wording is provided below; but basically the rate for each calendar quarter will be the average wholesale price of regular unleaded gasoline for the calendar quarter beginning six…
You might have read a previous notice that the Ohio PATax was going to be adjusted to use a “rolling average” of the wholesale price of gasoline and diesel fuel for each quarter rather than being applied to each wholesale price change. The rates for the third (3rd) calendar quarter of 2015 are published by…
By Terry Fleming, MIRA Ohio Lobbyist, TC Fleming & Associates The Ohio General Assembly has passed HB 64, the states two year $74 million budget. While there may still be some clarification on amendments the Legislative Service Commission is working on I believe I have the final info. Overall I believe the MIRA members came…
Ohio’s cigarette tax will increase by 35 cents/pack effective July 1st, 2015. As part of the cigarette tax increase, all wholesalers and retailers will be required to pay a floor tax based on their inventory at the beginning of business on July 1st. The floor tax is the amount of the tax increase (35 cents)…
BWC is offering FREE webinars! Last month you received your first Notice of Estimated Annual Premium from the Ohio Bureau of Workers’ Compensation (BWC) in the mail. Under the new prospective billing system, you will receive the Notice of Estimated Annual Premium every year in May. The notice is not a bill, but it’s an estimate…
Associated Press The state says liquor sales in Ohio have set another record, nearly topping $1 billion in the past fiscal year. Recently, the Ohio Department of Commerce said that revenue from liquor sales in 2015 were up by 7 percent to just over $982 million. Commerce Director Jacqueline Williams says one reason is that consumers…
The Ohio Bureau of Workers’ Compensation (BWC) has sent out the first invoices and employers still have a few more days to make their payments. There are few issues that BWC wanted to address: Payroll Report IssueBWC has identified an issue with the receipt and processing of payroll reports for the first half of 2015…
By Anne Saker, The Cincinnati Enquirer In a major blow to marijuana legalization nationwide, Ohio voters Tuesday rejected a sweeping initiative that would have ended pot prohibition in the Buckeye State. Unofficial election results found that the proposed constitutional amendment, known as Issue 3, was defeated 65.1% to 34.8%. Voters did write into the Ohio Constitution a…
David A. Raber, Esq., Lumpe & Raber The Franklin County Court of Appeals rendered a decision on December 31, 2015 which Ohio liquor permit holders and applicants should take interest. The decision by the Tenth District Court of Appeals in City of Mentor v. Sines, Inc. reversed the lower court’s decision denying a new permit…
The federal government says the legal alcohol limit should be lowered and wants states to change their impaired driving lawsBy Matt Wright // FOX 8 In its 2016 Most Wanted List of Transportation Safety Improvements unveiled last week, The National Transportation Safety Board called on states to lower blood alcohol concentration, or BAC limits from .08…